WOW! What a fantastic breakout that was last night! HAHA Welcome friends, to this update analysis on Bitcoin! Let's get it! Looking at the daily BTC chart, we can see that a breakout happened just as anticipated in the last analysis. Price was able to surpass the upside resistance, and we had a very quick explosion to the upside. A few people have been asking...
Bitcoin has surpassed the 140 day moving average (in light blue) the top of the falling multi month resistance (in black) the top of the triangle (in pink) which I drew many different ways, and now it is approaching the major resistance zone (in red.) In addition to that, JUST LOOK at how well Bitcoin is currently holding the 50 EMA (in yellow.) That average was...
Hi friends! Welcome to this update analysis on Bitcoin! Today, we're going to take a look at some short term price movement on the chart, to assess where the market currently stands. So, without further ado, let's get right to it! Looking at the daily BTC chart, we can see that BTC has quietly broken above a few important resistance levels. First off, price broke...
This is one of the most fascinating charts that I have ever created. It is an incredibly accurate recession indicator, and it should not be ignored. Let's take a look. This chart is a comparison of the initial jobless claims in the US, to the E-Mini S&P500 futures contract. Unemployment claims are in blue and the S&P500 is in pink. You can see that there are two...
Hi friends! Welcome to this update analysis on the S&P500, via the E-Mini futures contract! Let's get right to it! In front of you, I have the current S&P500 chart on the left, and a chart of the financial crisis on the right. I have covered the similarities between the two on multiple occasions, but as the current chart continues to develop, it is still printing...
Hi friends! Welcome to this update analysis on Bitcoin! Today, we're going to be looking at another comparison of the current Bitcoin market (on the left) to the bottom formed during the 2015 bear market (on the right.) Lets' get right to it! The first thing I want to draw your attention to, is the current 50 EMA (in orange.) Looking at the chart on the left, you...
Hi friends! Welcome to this update analysis on Bitcoin! Let's get right to it! Looking at the daily BTC chart, you can see that price is clearly in an area that is rife with resistance. The first thing I would like to draw your attention to, is the 150 day moving average (in light blue.) As you can see, this average is an extremely important one to follow. It was...
Hi friends! Welcome to this update analysis on Bitcoin! Let's get right to it! Looking at the weekly BLX log chart, we can see that bitcoin has been on a steady march higher for the past few weeks. However, we are currently running into the weekly 200 EMA (in orange.) As you can see, Bitcoin failed to surpass this overhead resistance the last time we ran into it,...
Hi friends! Welcome to this update analysis on Bitcoin! Fortunately, I am back from my weeks-long journey and I'm able to post from a computer like a normal human being. So, without further ado, let's see what the greatest coin in crypto is up to. In front of you, I have a side-by-side comparison of Bitcoin. On the left is the current daily BTC chart, and on the...
Hi friends! Welcome to this update analysis on the S&P 500, via the E-mini futures contract! Let's get right to it! Looking at the daily S&P chart, we can see that the market has now contacted the upside resistance zone (in red.) However, more importantly, we can see that the market is beginning to produce a negative reaction at the top of this newly formed...
Here is my longterm view for the Bitcoin market. Before we begin, I have been attempting to post this from my phone, since I am traveling and don't currently have access to any other means of posting. Please excuse the technical difficulties. A complete view of the chart, as I see it, will be attached below, shortly after I post this. As you can see, Bitcoin is...
Hi friends! Welcome to this update analysis on Bitcoin! Let's get right to it! Looking at the daily chart, we can see that the 50 EMA (in orange) is STILL holding. Just as I told you on the last analysis, BTC remains bullish. In fact, it is now even MORE bullish than it was before, because we've turned to the 50 EMA and half it as support, thus far. Don't forget...
Hi friends! Welcome to this update analysis on Bitcoin! Let's get right to it! In front of you, I have the comparison charts of the current market situation (on top) to the 2015 bottoming pattern (on bottom.) Yesterday, price abruptly fell to the 50 EMA (in orange.) After yesterday's analysis, I compared that retracement to the 50 EMA, to the 2015 bottoming...
Hi friends! Welcome to this update analysis on Bitcoin! Let's get right to it! In front of you, I have the comparison charts of the current market situation (on top) to the 2015 bottoming pattern (on bottom.) Yesterday, price abruptly fell to the 50 EMA (in orange.) After yesterday's analysis, I compared that retracement to the 50 EMA, to the 2015 bottoming...
I hear a lot of people calling for the end of the world, but I wouldn't jump to doomsday conclusions just yet. There's not denying that today's candle is currently bearish engulfing, but look at where it bottomed - exactly on the 50 EMA (in orange.) The same EMA, that has been torturously resistive for this entire bear market. Did you really think that we would...
They all keep talkin, but Bitcoin keeps walkin! =D Welcome friends, to this update analysis on Bitcoin! Let's get right to it! Looking at the daily chart, you can see that BTC is continuing to charge higher, just as I had projected in recent analyses. From here, I am still expecting price to rally to the top if the channel, around 4400 or so. I am now fully...
Hi friends! Welcome to this first time analysis on Skycoin! Let's get right to it! Looking at SKY, we can see that price has been basing out just below the 50 EMA (in orange.) During that time, Skycoin has printed two lows which form an ascending trendline (in blue.) As you can see, price is now beginning to flirt with the 50 EMA, and it has even popped above it a...
I am The Seer of The Future, The Master of Charts, A Legend of Crypto, and The Deliverer of Prosperity! In this analysis, I will give you all the gift of simplicity! Rid your eyes of complication, and you will see the answers right in front of you. Let the analysis begin!!! Looking at the Bitcoin monthly log chart, I want to draw your attention to a very simple...